There is a good news for everyone because it is unfair things when people’s relatives dead and their heritage will have to collect tax. So Canada abolishes this type of tax revenue. Canada no longer has any form of estate or inheritance tax. I think this politics esteem dead as well as their relatives. According to FINANCIAL POST, “Unlike the U.S., Canada no longer has any form of estate or inheritance tax. Yet despite this, death can trigger a significant income tax bill that, if not properly planned for, can leave an unexpected liability when a loved one passes away. Here is what happens to your non-registered and registered assets when you die.”(Gobomek 2013)
Golombek , Jamie . N.p.. Web. 8 Nov 2013. .